Qualampur: Being positive about Malaysia’s investment prospects, the affiliated Chinese Chambers of Commerce and Industry of Malaysia (ACCICIM) faces challenges in 2025, highlighting the feeling of optimism for this year’s economic approach and vigilant situations for business conditions. .
Acccim Chairman Datuk NG YIH Pyng said that high operating costs, cash flow problems and raw material prices are the major factors affecting commercial performance in Malaysia.
He said that preliminary conclusions of an ACCIM survey suggest that more than 30% of respondents have estimated better economic and commercial prospects for 2025 for 2025, while less than 20% for 2024.
“Increasing commercial cost pressure is mainly due to government policy reforms and changes in regulatory requirements. “Domestic businesses, manufacturers and exporters have to work for disruptive trade and economic policy in the external business environment.
“The professional community hopes that the government will adopt practical policies to support businesses, especially subtle, small and medium enterprises in navigating through challenges. These include providing some forms of export credit scheme to domestic SMEs, reducing import duties on raw materials, assisting new export markets, and assisting to diversify supply chains, “NG today 2025 Acccim Chinese Said at New Year reception.
Prime Minister Datuk Seri Anwar Ibrahim was a guest of honor at the event. Other major government ministers, reputed dignitaries and ambassadors representing foreign missions also attended the meeting.
NG said that economic and subsidy reforms should be gradually implemented to prevent market disruption and to prevent safety of businesses.
“Especially anxiety is that Tenga Nasic BHD base power tariff hike for peninsular Malaysia will be 14.2% under regulatory period 4 between 2025 and 2027 and is proposed to be implemented starting from July 1, 2025. Electricity is proposed. Electricity is proposed to be implemented. Electricity The cost of the cost of domino will be the entire supply chain, possibly passing through consumer inflation.
“Given the herd of additional operational costs, we honestly urge the government to maintain electric tariffs at existing levels in 2025-2026 so that financial burden on businesses can be reduced and inflation due to increase in operational costs दबाव को कम किया जा सके,” एनजी ने कहा, एनजी ने कहा, एनजी ने कहा, एनजी ने कहा, एनजी ने कहा, एनजी ने कहा, एनजी ने कहा, एनजी ने कहा, एनजी ने कहा, एनजी ने कहा, एनजी ने Said, “Tariff Hike which will potentially affect domestic industries.
In response, Anwar said that the rise of electricity tariffs is to improve the country’s education system and support the poor.
He assured that the tariff growth would be manageable and necessary, as prices would have to be adjusted over time.
“How do I improve education? How do I help the poor? How do I upgrade the streets? How do I increase medical facilities? This is through a small tax growth. A little growth is acceptable, “he said.
Anwar said that the development of digital changes is important, requiring sufficient funds for new faculties and special training.
He said that countries like the United States, China and Europe have given priority to centers of excellence in the region, which depend on government support and important private sector investment.
Moving forward, NG said that AccCIM is positive about Malaysia’s investment prospects and will play an important role in promoting economic cooperation, promoting business cooperation and promoting networking between Malaysian and foreign businesses.
He said that the memorandum signed between Accccim, Singapore Chinese Chamber of Commerce and Industry and UOB Bank was designed to increase cross-border trade cooperation and investment opportunities on 16 January, especially Johor-Singapore In Special Economic Zone) and Southeast Asia.
“JS-message reflects Malaysia’s commitment to regional integration. As an ASEAN chair in 2025, it is important to deepen strategic economic cooperations from the private sector and to increase trade participation within the ASEAN structure, ”NG said.
